Three Story Retail Building in Forest City

Retail-Commercial for Sale
Catylist Listing ID: 30751548
Building Size (RSF): 13,992 SF
Sale Price: $598,000
Unit Price: $42.74 PSF
Property Use Type: Business
Usable Size (USF): 13,992 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2021

Overview / Comments

Three story retail building for sale in Forest City, NC. Basement for storage with two 8 foot openings and loading docks. Top floor that would make an excellent condo, living quarters or could be converted to multiple vacation units. The economy is thriving in Forest City, with new businesses, downtown apartments, restaurants and major companies, such as Facebook, who built a campus in excess of 500,000 square feet, the Textile Mills and other municipal projects. There is an annual Christmas Parade that goes down Main Street. This location is also near the Tryon Equestrian Center and the beautiful Smoky Mountains.

Additional Details

Nearest MSA: Forest City
County: Rutherford
Tax ID/APN: 432415; 430941
Zoning: C1 - CENTRAL BUSINESS DISTRICT
Retail Clientele: General, Traveler, Tourist, Recreation
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Average
Year Built: 1915

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,602 14,616 30,296
Median Age: 40.44 40.18 40.87
Households: 1,566 6,010 12,221
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